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anygoal [31]
3 years ago
10

Financial data for a company is provided below:Cash, end of year, $500,000Estimation of yearly cash expenses from negative cash

flows from operations on statement of cash flows, $(155,000)Cash, beginning of year, $400,000Accounts receivable, $10,000Inventory, $20,000Net Income for the yearHow many months will the company be able to continue without positive cash flows or additional financing (round to nearest whole month)?12 months25 months39 months16 months
Business
1 answer:
Firlakuza [10]3 years ago
3 0

Answer:

Answer in this case will be 39 months

Explanation:

In given data estimated negative cash flow from operation is (155,000), this is assumed that there will not be any cash flow from investing or financing activities.

data given for accounts receivable and inventory is irrelevant since both are part of operating cash flow which is already estimated.

there for closing balance at the end of year is $ 500000 divided by negative cash flow of (150,000) equals to months company will able to continue without positive cash flow or additional financing.  

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Douglas Industries produced 5,500 units of product that required 2.5 standard hours per unit. The standard variable overhead cos
jeka94

Answer:

The variable factory overhead controllable variance is $2,250 favorable.

Explanation:

variable factory overhead controllable variance

= standard variable cost - actual variable cost

= $5500-2.5*3 - $39000

= $2,250 favorable

Therefore, The variable factory overhead controllable variance is $2,250 favorable.

8 0
3 years ago
To: Ellen Stanford From: Thomas Gregory [1] Proposed Agenda for November 6 Meeting Dear Ms. Stanford, [2] Please review the foll
puteri [66]

Answer:

Parts of Email:

Part 2 of the email is part of Introduction and Details as explained below.

Explanation:

Emails can be divided into six major components:

1. Subject Line: Proposed Agenda for November 6 Meeting

2. Greeting: Dear Ms. Stanford

3. Intro/Purpose: Please review the following agenda for our next shareholder meeting and recommend any changes.

4. Details: Agenda for our next shareholder meeting

• Rising stock prices

• Discussion of new investors

• Portfolios and new funding

• Introduction of new vice-president

5. Ask/Action: Please send any changes to the agenda to me by 3:00 p.m., November 3.

6.Closing/Sign-off:  Many thanks, Thomas Thomas Gregory Financial Analyst Office: 854.454.4356 Fax: 435.458.9738 Cell: 834.435.8490

8 0
3 years ago
Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $158,000 Credit sale
IceJOKER [234]

Answer:

$8,870

Explanation:

Calculation to determine the balance in the allowance for doubtful accounts after bad debt expense is recorded

Using this formula

Balance in the allowance for doubtful accounts=

(Credit sales* Percentage of Credit sales)+Allowance for doubtful accounts credit balance

Let plug in the formula

Balance in the allowance for doubtful accounts= ($458,000*1.5%)+$2,000

Balance in the allowance for doubtful accounts=$6,870+$2,000

Balance in the allowance for doubtful accounts=$8,870

Therefore the balance in the allowance for doubtful accounts after bad debt expense is recorded will be $8,870

6 0
3 years ago
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Answer:

D. Inbound Marketing

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When a company uses blogs and social media, to draw the customers through content. And this is called Inbound Marketing, a passive, subtle and digital way to market.

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3 years ago
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The answer to the question is (B) decreases food expenses.

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6 0
3 years ago
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